Looking to diversify beyond FIKCX? The mutual funds below have the lowest correlation with FIKCX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FIKCX.
Best Diversifiers for FIKCX
0 mutual funds have low correlation with FIKCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.30, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.30 | 0.38 | 0.49 | 97 | Semiconductors, Technology Equities | FIKCX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.42 | 0.49 | 0.61 | 75 | Large Cap Growth Equities | FIKCX vs FBGRX | |
| Fidelity Total International Index Fund | 0.51 | 0.53 | 0.58 | 58 | Foreign Large Cap Equities | FIKCX vs FTIHX | |
| Fidelity ZERO Large Cap Index Fund | 0.54 | 0.60 | 0.69 | 71 | Large Cap Blend Equities | FIKCX vs FNILX | |
| Fidelity 500 Index Fund | 0.54 | 0.61 | 0.69 | 73 | S&P 500 | FIKCX vs FXAIX |
See all 18 diversifiers for FIKCX
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